Press Release: Localize & TecnoExplora named Most Promising Startups of the Year at National Angel Summit

Toronto, Canada – The National Angel Capital Organization (NACO) is proud to announce Localize as the winner of NACO’s Most Promising Startup of the Year award at the 2016 Entrepreneur Showcase. Most promising International Startup for 2016 is TecnoExplora.

NACO’s annual Entrepreneur’s Showcase celebrates dynamic early-stage companies that have demonstrated successful growth and whose outstanding achievements have made them some of Canada’s most promising startups.

Following the application period, over 35 finalists were invited to attend the 2016 National Angel Summit and vie for the attention of angel investors, venture capitalists, and industry leaders. During the Summit, attendees were given a “passport” to score the participating startups, with the final tallies determining the award winners.

This year, both a Canadian company, Localize, and an international company, TecnoExplora, were crowned as NACO’s Most Promising Startup of the Year. The 2016 runners up were InitLive and Nourished Babe, and Vetelia in the International category.

Most Promising Startup Winner: Localize

Most Promising Startup Runners Up: InitLive and Nourished Babe

Most Promising International Startup: TecnoExplora

Most Promising International Startup Runner Up: Vetelia

The winners of the competition were recognized at NACO’s 2016 National Angel Summit in Vancouver on October 5th, 2016 during the Gala Awards Ceremony.

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Media Inquiries

For more detailed data and/or to arrange an interview with NACO’s CEO Yuri Navarro, please contact:

The National Angel Capital Organization accelerates a thriving, early-stage investing ecosystem in Canada by connecting individuals, groups, and other partners that support Angel-stage investing. NACO provides intelligence, tools and resources for its members; facilitates key connections across networks, borders and industries; and helps to inform policy affecting the Angel asset-class. For more information, please visit www.nacocanada.com or follow us on Twitter @AngelCapCanada.

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